Don Lemon, the former CNN anchor who was released from the media network last year, has reportedly reached a multi-million dollar exit deal with his previous employers, as disclosed in a recent report by The Wrap. After being let go almost a year ago, it is alleged that Lemon’s separation agreement was finalized at an estimated value of $24.5 million, the equivalent of what he would have earned had he remained with CNN for the remainder of his contract, set to last another 3.5 years.
However, CNN has contested the reported sum of the payout, describing it as “incorrect” in a statement to People, though did not expand further on the matter. The resolution of the severance negotiations suggests the closure of Lemon’s chapter with CNN, leaving him fully compensated.
Since his departure, Lemon has moved onto another television network, pursuing a program mirroring the style of Tucker Carlson. The news of his substantial financial settlement follows the termination of Chris Licht, the executive responsible for Lemon’s dismissal. While no longer a part of CNN, Lemon’s conclusion seems advantageous, with him being propelled into a new venture armed with a significant wealth benefit.
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